HPQ » Topics » Acquisition-Related Charges

This excerpt taken from the HPQ 10-K filed Dec 21, 2005.

Acquisition-Related Charges

        Acquisition-related charges of approximately $54 million in fiscal 2004 consisted of deferred compensation, merger-related inventory adjustments and professional fees, while the charges of approximately $280 million in fiscal 2003 were attributable primarily to costs incurred for employee retention bonuses in connection with HP's acquisition of Compaq Computer Corporation ("Compaq") as well as professional fees and consulting services.

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This excerpt taken from the HPQ 10-K filed Jan 14, 2005.

Acquisition-Related Charges

        Acquisition-related charges of approximately $54 million in fiscal 2004 consisted of deferred compensation, merger-related inventory adjustments and professional fees, while the charges of approximately $280 million in fiscal 2003 and $701 million in fiscal 2002 were attributable primarily to costs incurred for employee retention bonuses in connection with the Compaq acquisition as well as professional fees and consulting services. In addition, acquisition-related charges in fiscal 2002 included costs incurred for proxy solicitation and advertising related to the Compaq acquisition.

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EXCERPTS ON THIS PAGE:

10-K
Dec 21, 2005
10-K
Jan 14, 2005

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